Data problems tonight!!
The market internals improved, still on light volume. The bad news is that due to serious data problems we were unable to get a screened stock ratio. If you recall we had a run of 2 or 3 days of this a few months ago, I hope I'm wrong, but this looks even more serious and may cause us to alter our data provider. I would still estimate the market risk remains low.
Strong groups; biotechs, computer services, gaming, homebuilders, software, restaurants and select retail. And more energy stocks showing up on the screening.
Longs to watch: AGY, CDWC, DRI, DRIV, ISIP, PLCM, RGIS, SCUR, TMCS and UTSI. (remember, a possible buy is triggered when the stock trades 20 cents above its previous days high)
Good Trading!!
Sam
savvy-trader.com |
